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The UK based SupplyCompass, a FashTech company, which helps fashion brands collaborate with their manufacturers and drive sustainable practices, is looking to expand its India operations.
The Company is planning to aggressively hire talent across functions and will be signing new brands to its platform.
“SupplyCompass over the next 12 months, plans to onboard 5,000 fashion brands and their supply chains in India. The Company is also aggressively hiring across the board to fuel their growth plans,” the statement said.
SupplyCompass plan to increase their workforce by 200 in the next 12-18 months.
“With the growth plans drawn up for India, SupplyCompass aims to make India a strategic hub for its operations to expand its presence further in South East Asian economy,” it added.
Started in 2016 by Gus Bartholomew and Flora Davidson, who spent 2 years in India to build the business on the ground, spending their time on the road to research and meet more than 300 manufacturers and suppliers. SupplyCompass has built a tech platform that enables real-time collaboration between fashion brands and manufacturers for bringing collections to the markets faster without compromising the quality of the end product.
Speaking on the expansion plan, Gus Bartholomew, Co-founder & CEO, SupplyCompass, said, “For us, India is of high strategic importance. It is already emerging as one of the fastest-growing fashion markets in the World as more global brands gear up for India launch.”
“This is likely to create a ripple effect on the manufacturing side of the business too. We anticipate ‘Make in India‘ and Atmanirbhar Bharat to give momentum to India’s fashion and textile landscape making India, the most important market for SupplyCompass,” it added.
SupplyCompass is currently working with globally known brands including BCorp in the UK.